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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: bnsbhat who wrote (148224)1/19/2005 7:39:13 AM
From: niceguy767Respond to of 275872
 
"Overall picture does not look that gloomy"

The recent $10 price drop was a huge overreaction. Even prior to yesterday's earnings, there were many calling for a return of price to single digit.

AMD's numbers, if one weights CPG more heavily than flash in any PV model, support a price much higher than $15!

By the way, there has to be an untold story behind those 300M shares (after today) that have already traded this month, already double the record monthly volume prior to this month!

Is something going on with all this volume? (Obviously there is huge support at $15! (Look for that $17.50 to $20 gap to get filled this Q!)